Real Estate Investment – Residential
Real Estate Investment – Residential
Overview
The Client, a NYC based Real Estate Investment Firm came to OptimalBooks looking to Partner with a firm that could help them completely outsource their back-office bookkeeping operations.
OptimalBooks first completed historical catch-up/clean-up in Rent Manager and set up standard operating procedures for ongoing management.
The clean-up and standard operating procedure setup was completed within 3 months working hand-in hand with the CFO and COO. OptimalBooks met with management and key stakeholders through a series of process outlining sessions. Once Current State processes were fully understood, Future State was designed and implemented.
With OptimalBooks managing the firm’s back-office bookkeeping, the Client was able to stabilize their operations, better utilize in-house staff, save money through increased use of automation, and begin executing on plans to double their portfolio over the next 1-2 years.
Unit Count: 5,000+ Units
Property Types
– Single Family, Multi-Family
Scope of Work
– Bookkeeping
If you are interested in learning more about how to manage rental property remotely, feel free to book a strategy call. On the call we’ll get clear on your business’s current state as well as how to help you achieve a better lifestyle and ROI through virtual property management.